EFT (Electronic Funds Transfer) is a safe, easy and convenient way to pay your monthly insurance premiums. No checks to write, no stamps to buy and no trips to the post office. And – no finance charges! Payments can be spread out over twelve months (down payment plus eleven installments).
How can I start EFT?
All you need to do is complete a short form to authorize the automatic deduction of your monthly payments from your bank account and attach a voided check or savings deposit slip from the account you wish to use.
How will I know about payments?
Your insurance carrier will send you a schedule of payments detailing the amounts and the dates they will be deducted from your bank account.
What if my insurance policy changes?
If you make changes to your policy, a new payment schedule will be sent to you with the revised amount of your deductions.